StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a research report released on Friday morning. The firm issued a hold rating on the stock.
Beasley Broadcast Group Trading Up 4.2 %
NASDAQ:BBGI opened at $8.13 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60. Beasley Broadcast Group has a twelve month low of $7.60 and a twelve month high of $18.38. The company has a market cap of $12.51 million, a price-to-earnings ratio of 4.87 and a beta of 0.86. The firm’s 50-day simple moving average is $8.63.
Institutional Trading of Beasley Broadcast Group
Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Beasley Broadcast Group by 25.7% during the fourth quarter. Geode Capital Management LLC now owns 20,733 shares of the company’s stock valued at $192,000 after buying an additional 4,240 shares in the last quarter. Gabelli Funds LLC lifted its stake in Beasley Broadcast Group by 12.6% during the fourth quarter. Gabelli Funds LLC now owns 25,900 shares of the company’s stock valued at $244,000 after buying an additional 2,900 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in Beasley Broadcast Group by 60.7% during the fourth quarter. Gamco Investors INC. ET AL now owns 59,691 shares of the company’s stock valued at $562,000 after buying an additional 22,536 shares in the last quarter. 21.73% of the stock is owned by hedge funds and other institutional investors.
Beasley Broadcast Group Company Profile
Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.
Read More
- Five stocks we like better than Beasley Broadcast Group
- What to Know About Investing in Penny Stocks
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- What Do S&P 500 Stocks Tell Investors About the Market?
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- Investing in Construction Stocks
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for Beasley Broadcast Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beasley Broadcast Group and related companies with MarketBeat.com's FREE daily email newsletter.
